Debt-burdened Canadian seniors need to tighten their belts this holiday season
Canadian seniors’ debts have increased by 6.8% in just one year to an average of $13,380. Although they owe less than any other age...
Virgin Cruises launched, will ‘shake up’ industry Branson says
The Miami/Fort Lauderdale-based new venture of Virgin Group – Virgin Cruises – has been launched. Virgin Group founder Sir Richard Branson says he aims...
Stamp duty – what’s the impact on buyers?
In this week’s Autumn Statement, George Osborne changed the stamp duty rules, effectively making it better for those buying cheaper houses and bad for...
West Antarctica is melting at an alarming rate, says study
The ice sheet in West Antarctica is melting at an extremely alarming rate. According to a recent study published in the journal Geophysical Research Letters,...
Canada’s unemployment rate at 6.6 percent, lost 10,000 jobs in November
Canada lost 10,000 jobs in November and the country’s unemployment rate rose slightly to 6.6 percent.
The drop comes following two straight months of...
New Mexico fines US government $54 million for violations at nuclear waste facility
Regulators in New Mexico have fined the US government for over $54 million because of violations at a nuclear waste facility which resulted in...
Fast-food worker protests expands to 190 cities across the US
Fast food workers across the United States are protesting to increase the minimum wage in the US to $15 an hour.
The protests are part...
100bn frames per second 2-D camera developed at Washington University
A 2-D camera that can capture events at the incredible speed of 100 billion frames per second has been developed by a team of...
Is China really the largest economy in the world today?
According to the International Monetary Fund, the largest economy in the world today is China, while the United States, for the first time in...
MEG Energy cutting capital investment plans following oil price slump
Canadian oil sands producer MEG Energy announced on Friday that its planned 2014 capital investment will be reduced by 31% to $1.2 billion, compared...